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GBPNZD setting for Short
trong
Nhà giao dịch có kinh nghiệm
Feb 16, 2016 at 07:53
Friends and Traders,Yesterday,I shared some thoughts with us about GBPNZD as a comment under GBPJPY. Kindly refer.GBPNZD is almost through retracing now with the doji at daily pivot R1 and stochastic (12,3,3) at overbought. Wait for a good close below the R1,and stochastic cross down below 80 at the 1 hr time frame.I also want to see a strong candle close at London open say 8 GMT. 10 pips below that candle could be a goo place to short and ride it down to the low 2.1481 zone or earlier at daily pivot S2-2.14995 if you see a price action indication-candle patterns. Once you are in the trade,and...
GBPJPY
trong
Nhà giao dịch có kinh nghiệm
Feb 16, 2016 at 07:52
Good day friends,GBPJPY tested the previous high of 165.70 zone again and closed below it.This is actually a Supply Zone up to 167.70 area.The rally fro last week Thursday has been a strong secondary trend,yet a retracement of about 605 pips at the moment. Aggressive traders may short every high within the Supply Zone.Moreover,the fundamental news on Monday-Japan's GDP of -1.4%-favored a short term rally of the pair to retest the previous high on the 1 hour time frame.As for conservative traders,they may want to wait till the price closed below the Daily Central Pivot at 165.114 and then ...
GBPJPY
trong
Nhà giao dịch có kinh nghiệm
Feb 15, 2016 at 12:52
Friends,GBPNZD is another wonderful paiir to short now.The scenario was set at 7pm GMT on Friday when it printed a powerful marabozu at the old weekly resistance and the level daily R1 formed on 10/02/2016.You could short immediately with a tight Stop Loss.It has already dropped over 240 pips.By the end of the week it should drop over 1000 pips God-willing.You may want to wait for a entrancement before entering.Though shorting it right away is not a bad idea either with good money management,proper lot sizing and a long target of 2.0690 as the final target but a take profit down the way at 2.1...
GBPJPY
trong
Nhà giao dịch có kinh nghiệm
Feb 15, 2016 at 12:52
Hello friends,GBPJPY is really doing great if you short it at the first pin bar and after the doji and marabozu candles at the daily pivot R1(1 hr time frame).If you are not in yet,it is not too late as it just bounced from 25 period sma.Why not ride this till the end of the week by which it could reach 155.36 God-willing.That is over 940 pips guys!It did about 940 pips last week too.In two days a friend turned his 575 dollars opening balance to a whooping $9700.Fortunately he did not exit at the daily pivot S3 on Thursday when the price printed a a huge doji,expecting the price to go further ...
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